Bill, Home Buyer in Illinois

Where is the best second home value in the market today?

Asked by Bill, Illinois Fri Apr 17, 2009

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Answers

4
Hi Bill-

I am an agent in Illinois, but I own a vacation/lake house in Wisconsin. My husband and I looked for a lake house for about a year before we bought. We wanted something less than 4 hours from our house,(Western suburbs of Chicago) that gave us the feel of the Northwoods with a clean lake.

We found a property on Legend Lake in Keshena, WI.. The homes are year round, it's a private spring fed lake with over 1200 acres, good fishing, motor boats, jet skiing, no commercial properties on the lake so it's clean, etc.. It is very wooded and most of the homes sit on 3/4 acre lots (like the North Woods without the drive). I put a link to the website below.

I am not sure what areas you are looking in, but I would call local agents and compare what you get for your money in the places you are considering.

I hope this helps!
Web Reference: http://www.legendlake.org
0 votes Thank Flag Link Tue Apr 21, 2009
When you are looking for a vacation home I think you first need to find what area you would be in and would enjoy yourself at the most. Then I would contact an agent in that area and see what they have available. Good luck on your search!
0 votes Thank Flag Link Tue Apr 21, 2009
Sorry I wasn't clear... I really meant vacation property in Wisconsin. Thank you.
0 votes Thank Flag Link Fri Apr 17, 2009
If you are asking about another state. I would say Florida, Az or Nevada. The reason is that they have the most foreclsoures right now. A lot of investors went there and have defaulted on their loans. However it may be a little harder to get a loan because of that. I guess your second home should be where you would like to spend some time. So that would be important to think about. Good luck I hope you find your perfect get a way.
Web Reference: http://www.debbyrealtor.com
0 votes Thank Flag Link Fri Apr 17, 2009
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